Mining

DRC: Canadian miner AJN Resources Explores for Lithium and Tin at Manono

DRC: Canadian miner AJN Resources Explores for Lithium and Tin at Manono
Monday, 03 June 2024 10:05

In the Democratic Republic of Congo, Manono hosts one of the world's largest lithium deposits. While legal disputes have slowed down the exploitation of this deposit, AJN Resources has begun exploration in the same region, hoping to identify another deposit.

AJN Resources, a Canada-based mining company, has started a reverse circulation (RC) drilling program on its Manono Northeast project in the Democratic Republic of Congo. The firm announced the works to find lithium and tin on May 31, 2024. Hub Drilling Limited, a South African company, carries out the work.

According to Klaus Eckhof, CEO of AJN Resources, the RC drilling program will help the firm better understand the geological structures and potential mineralization at deeper levels within its license area. AJN Resources, he added is “looking forward to deepening its knowledge through further detailed drilling, sampling, and analysis.”

The Manono Northeast project is situated near the Manono deposit, estimated to contain at least 400 million tonnes of mineral resources containing 1.65% lithium. However, the Manono project is currently embroiled in a legal dispute, which has slowed down its exploitation. Being close to the Manono deposit, AJN Resources hopes to find a viable lithium deposit in the area.

On the same topic
Keith Hill appointed chairman as company reshapes governance Brings decades of experience in African oil exploration Move comes as Eco Atlantic...
Estimated resources rise to 1.38 billion barrels of oil equivalent Volumes remain contingent, not yet classified as recoverable reserves New drilling...
Zijin secures shareholder approval for its C$5.5 billion ($3.9 billion) acquisition of Allied Gold Deal expands Zijin’s footprint across Ghana, Côte...
Mozambique cuts fuel import bill below $1.15 billion in 2025 Decline reflects weaker domestic demand and foreign exchange constraints Government...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
05

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.